TY - RPRT AU - Andini, Corrado TI - A Dynamic Mincer Equation with an Application to Portuguese Data PY - 2007/Jul/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 2897 UR - https://www.iza.org/index.php/publications/dp2897 AB - This paper argues in favor of a dynamic specification of the Mincer equation, where past observed earnings play the role of additional explanatory variable for current observed earnings. A dynamic approach offers an explanation why the return to schooling in terms of observed earnings is not independent of labor-market experience, as suggested by some recent empirical evidence for the United States. KW - panel data KW - Mincer equation KW - return to schooling KW - wage level ER -